The European Economy in Recession – Domestic Policy Action Cushioning the Downturn. Economic Outlook for 2009 and 2010

Marcus Scheiblecker ()

WIFO Monatsberichte (monthly reports), 2009, vol. 82, issue 1, pages 3-14

Abstract: Starting from the USA, the economic downturn has meanwhile reached the entire world economy. The financial crisis is exacerbating the slackening of global business activity. In the euro area, demand and output are set to contract by 1.2 percent in 2009. In Austria, too, real GDP is likely to edge down by 0.5 percent, despite powerful stimulus provided by fiscal policy. The projection for growth picking up by 0.9 percent on annual average 2010 is based on the assumption that activity will gradually recover as from late 2009.

Keywords: Konjunkturbericht; Österreich (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.wifo.ac.at/wwa/jsp/index.jsp?fid=23923& ... anguage=2&language=2 Abstract (text/html)
http://www.wifo.ac.at/wwa/servlet/wwa.upload.Downl ... JUNKTURPROGNOSE$.PDF full text (application/pdf)
Payment required

Related works:
Journal Article: The European Economy in Recession – Domestic Policy Action Cushioning the Downturn. Economic Outlook for 2009 and 2010 (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wfo:monber:y:2009:i:1:p:3-14

Ordering information: This journal article can be ordered from
Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria

Access Statistics for this article

More articles in WIFO Monatsberichte (monthly reports) from WIFO
Contact information at EDIRC.
Series data maintained by Ilse Schulz ().